Housing-Market Mayhem: U.S. Home Sales Likely to Hit Record High of $2.5 Trillion In 2021
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of
New construction is taking up a bigger piece of the pie as low mortgage rates and surging homebuyer demand make homebuilding more attractive during the
Sales of high-end homes are outperforming as wealthy Americans take advantage of steady paychecks, remote work and low mortgage rates during the pandemic. Sales of

Competition is escalating as Americans rush to lock down homes before back-to-school season this fall. Single-family homes are the most likely to attract bidding wars,
Plus, nearly two-thirds of U.S. homeowners have spent money to protect their homes against climate risks, with over one-third investing $5,000 or more. Extreme temperatures
Rising sea levels played a role for about one-third of people who plan to move in the next year. Many respondents say they wouldn’t relocate
That’s roughly equal to the GDP of France, or the combined market value of Amazon and Facebook. Redfin forecasts a record $2.53 trillion worth of
New construction is taking up a bigger piece of the pie as low mortgage rates and surging homebuyer demand make homebuilding more attractive during the
Sales of high-end homes are outperforming as wealthy Americans take advantage of steady paychecks, remote work and low mortgage rates during the pandemic. Sales of

Competition is escalating as Americans rush to lock down homes before back-to-school season this fall. Single-family homes are the most likely to attract bidding wars,
Plus, nearly two-thirds of U.S. homeowners have spent money to protect their homes against climate risks, with over one-third investing $5,000 or more. Extreme temperatures
Rising sea levels played a role for about one-third of people who plan to move in the next year. Many respondents say they wouldn’t relocate